Good MorningAll the major indexes closed at, or near, all-time highs on Monday. For now, the expectation for strong earnings in the tech sector outweigh concerns about the Delta variant. Cases of Covid-19 continue to rise throughout the United States. However, market analysts believe that only a return to restrictive lockdown policies will be enough to spook the markets.
Of greater short-term concern to investors is what the Federal Reserve will say when it conducts its open market committee meeting this week. Specifically, the markets will look for any indication that the Fed will tighten its accommodative money policy sooner than the committee has previously stated.
Meanwhile, investors heard from Tesla after the market closed on Monday. The timing of Tesla’s report is particularly interesting as shares of Lucid Motors jumped 8 percent on its first day as a publicly-traded company. Lucid is seen by many analysts as a competitor to Tesla in the premium electric vehicle market.
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Stocks | | While many investors haven’t had a big appetite for restaurant stocks since the pandemic began, there are still some standout companies that could become staples in your portfolio. As people continue feeling more comfortable about dining out again thanks to vaccines, we could see some very str... Read the Full Story |
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Markets | | Asian stock markets were mixed Tuesday as investors looked ahead to a Federal Reserve report for an update on when U.S. stimulus might start winding down.
Tokyo and South Korea advanced while Hong Kong retreated and Shanghai swung between gains and losses.
On Monday, Wa... Read the Full Story |
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Markets | | Asian stock markets were mostly higher Tuesday as investors looked ahead to a Federal Reserve report for an update on when U.S. stimulus might start winding down.
Shanghai, Tokyo and Seoul advanced while Hong Kong retreated.
On Monday, Wall Street's benchmark S&P 50... Read the Full Story |
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Markets | | Global stock markets declined Tuesday as investors looked ahead to a Federal Reserve report for an update on when U.S. stimulus might start winding down.
London and Frankfurt opened lower while Shanghai and Hong Kong declined. Tokyo advanced.
On Monday, Wall Street's be... Read the Full Story |
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Tech | | Tesla's quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer's ability to navigate through a pandemic-driven computer chip shortage that has caused major headaches for other automakers.
The financial milestone announced Monday extended a two-... Read the Full Story |
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From Our Partners | | Tesla's About to Prove Everyone Wrong... Again
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Markets | | Cloud content management and storage platform Box (NYSE: BOX) stock has been a turnaround story during the pandemic and is becoming a recovery play. The Company is back on track with growth as the COVID-19 pandemic has altered the way workforces operate. The migration to cloud-based applications and... Read the Full Story |
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Markets | | UPS had another strong quarter with shipments to homes continuing at a brisk pace, though revenue at home, its biggest market, was a little weaker than some had expected.
Shares slipped about 1% before the opening bell Tuesday.
Domestic revenue still grew 10.2% to $14... Read the Full Story |
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Markets | | Tesla’s (NASDAQ: TSLA) Q2 earnings were released after the bell rang to end yesterday’s session, and gave Main Street and Wall Street alike a much-awaited look under the hood. Compared to their dizzying performance in 2020, shares of the electric car maker have been sluggish at best in t... Read the Full Story |
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Markets | |
Weak Guidance Weighs On RPM International
RPM International (NYSE: RPM) has had a great year supported by both pandemic trends and its own MAP to Growth strategy. The company says it has completed the MAP to Growth and exceeded its original target of $290 million IN annualized savings by $3... Read the Full Story |
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Markets | |
I can't believe my husband and I have started attending 40th birthday parties! How the heck did that happen? (We're not quite there yet ourselves, but it's getting closer… Eek!)
When you celebrate your 40th birthday, you probably don't feel like you're closer to retirement than your high s... Read the Full Story |
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The Early Bird Stock Of The Day CEMEX, S.A.B. de C.V., together with its subsidiaries, produces, markets, distributes, and sells cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and services worldwide. The company offers gray ordinary portland, white portland, oil-well, and blended cement products; mortar; and standard ready-mix, architectural and decorative, rapid-setting, fiber-reinforced, fluid-fill, roller-compacted, self-consolidating, pervious, and antibacterial, and other concrete products. It also provides crushed stone, sand, gravel, and recycled concrete products; performance materials, such as admixtures, mortars, special mortars, and asphalt; and waste management services comprising municipal and industrial, construction, demolition and excavation, and alternative raw materials. In addition, the company construction related services, including logistics and transportation, retail, pavement services, design and engineering, and others; and industrial construction products consist of precast components, 2D panels, 3D modules, and complete structures. CEMEX, S.A.B. de C.V. was founded in 1906 and is headquartered in San Pedro Garza García, Mexico. | View Today's Stock Pick |
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